Do I have to pay a collection agency a debt that doesn't show on my credit report?
If the statute of limitations on the debt has expired, no one can legally collect it. Check to see if the SOL expired (it depends on what state you live in - it will be the later of the day the account went into default or the day the last payment was made).
by Bill C - 6 hours ago
Just because a Debt doesnt show on your credit report since its so old doesnt mean you are free of it. yes they can still contact you to try and retrieve their money. Just send them a cease and desist letter
by Gertie - 6 hours ago
Well although you may still owe the debt, you not ever be forced to pay it back. The usual consequence of not paying debt back is it tarnished your credit report and can prevent you from getting more credit or good rates. If the creditor never paid to have it on your credit report and you don't want to pay it theirs really nothing bad that can happen. Most states staues of limitations is 3-5 years. After that point they have no legal recorse to collect.
by Matt G - 6 hours ago
Just because it's not reported doesn't mean you don't owe it. If it's really old, it may not be reportable or be something they can sue over, but it's still a debt.
by Ted - 6 hours ago
Old debt you owed but they're trying to make money off of you?
by just a man - 6 hours ago
by . - 6 hours ago
Pay them after you make an offer in full. Get it in wrtining
by Visualize Whirled Peas - 6 hours ago
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